Insider Sales at Power Integrations (POWI) are Significant and Extend the Selling Trend of Last Quarter

SEC filings today reported substantial insider sales of Power Integrations shares as eight insiders listed below, disposed of 37,184 shares in the company having a market value of approximately $2,348,261. There have been 8 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 41,498 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 78,682 shares and have averaged 4,918 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Power Integrations is above its 77-company peer group average. The Semiconductors peer group saw 174 buy/sell trades during this period for an average of 2.3 transactions per company. However, the number of shares traded per transaction by Power Integrations insiders is lower than its peers. Within the peer group there were 131,453 shares purchased and 2,148,377 shares sold with company insiders disposing of 11,592 shares on average over this time period.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to compose and write this story.